Cameron Clyne resigns as NAB CEO

NAB CEO announces his retirement, to be succeeded by Andrew Thornburn.

National Australia Bank chief executive officer Cameron Clyne has announced he will retire from his position as the head of the lender in early August.

In a statement to the Australian Securities Exchange, NAB said Mr Clyne would be replaced by Andrew Thorburn.

Mr Thorburn will commence his role on August 1, subject to regulatory approvals, at which point he will be invited to join the NAB Board.

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